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It said the board has approved the subdivision (split) of one existing equity share of the bank having a face value of ₹5 each, fully paid-up, into 5 (five) equity shares of the bank having a face value of ₹1 each, fully paid-up.

A 1:5 stock split means that for every 1 share a shareholder currently owns, they will receive five shares after the split.

In the quarter-ago period, the design and technology services company had clocked a profit of ₹154.8 crore, it said in a regulatory filing.

However, its bottom line (net profit) was impacted by a one-time exceptional item due to the implementation of new labour codes. Furthermore, its profit after tax (PAT) for the reporting quarter, excluding the one-time exceptional expense, stood at ₹179.1 crore.

Its revenue from operations advanced 3.9% sequentially to ₹953.5 crore for the December quarter of FY26, compared to ₹918.1 crore in the second quarter of the current fiscal year (Q2FY26).

The company’s net total income stood at ₹6,610 crore in the quarter under review, improving 12.3% YoY from ₹5,883 crore in the December quarter of FY25.

The insurance company’s net premium earned grew 12.6% to ₹5,685 crore in Q3 FY26 as against ₹5,045 crore in the same quarter of the previous fiscal year. Its gross premium came in at ₹7,433 crore, rising 15% YoY from ₹6,474 crore.

The MoU is non-binding in nature and envisages the development of large-scale Renewable Energy (RE) projects in the State of Gujarat, including solar, wind, hybrid and battery energy storage projects, with an aggregate investment potential of approximately ₹25,000 crore and generation of substantial employment opportunities.

The firm is eligible to receive incentives to the extent of ₹858.29 crore, an increase of ₹252.26 crore over ₹606.03 crore as reported by the company earlier.

Net profit stood at ₹118.0 crore, down 10.2% YoY. ETR stood at a normalised level of 19.0% for 3Q FY26 versus a lower ETR of 12.0% for FY25 (due to the reversal of deferred tax on the part of the treasury moving from the short-term to the long-term bucket in FY25).

ETR primarily stands for Effective Tax Rate.

"We also delivered strong growth in our ADTO, up 24% QoQ, along with an improvement in our MTF book. With continued focus on quality customer acquisition, enhancing customer experience through product and technology, and cost optimisation resulted in a PAT of ₹12.3 crore, reflecting a 30% QoQ growth along with margins of 15%."

"We will continue to remain in a growth phase, supported by healthy momentum across core metrics, and will continue investing in technology upgrades and AI integration to accelerate growth," the CEO added.